+
Pimpri Chinchwad Municipal Corporation to add 1,300 hectares of land
Real Estate

Pimpri Chinchwad Municipal Corporation to add 1,300 hectares of land

The Pimpri Chinchwad Municipal Corporation (PCMC) will get all the land that was leased, encroached upon, and kept for public purposes after the merger of Pimpri Chinchwad New Township Authority (PCNTDA) with the Pune Metropolitan Region Development Authority (PMRDA) and PCMC.

A resolution was issued on June 7 by the state government.

Chief executive officer of PCNTDA, Bansi Gawli, told the media that as per a tentative estimation of the 1,800 hectares under the PCNTDA the PCMC will get a major share of around 1,300 hectares, and PMRDA will get around 350 hectares. More than six months will be needed for its distribution.

The PCMC has already developed the area under its authority but with the merger, it will get hold of undeveloped areas as well. Gawli further added that the PMRDA will get the fixed deposits and other investments, liabilities, and PCNTDA’s office.

Almost 50 permanent staff of the PCNTDA will be transferred to PMRDA.

The PCMC will remain the special planning authority of all PCNTDA areas, which effectively means the building construction permissions and powers for approving the transfer of development rights and floor space index will be with the PCMC.

Image Source


Also read: Noida airport: UP cabinet approves proposal to acquire 1,365 hectare land

The Pimpri Chinchwad Municipal Corporation (PCMC) will get all the land that was leased, encroached upon, and kept for public purposes after the merger of Pimpri Chinchwad New Township Authority (PCNTDA) with the Pune Metropolitan Region Development Authority (PMRDA) and PCMC. A resolution was issued on June 7 by the state government. Chief executive officer of PCNTDA, Bansi Gawli, told the media that as per a tentative estimation of the 1,800 hectares under the PCNTDA the PCMC will get a major share of around 1,300 hectares, and PMRDA will get around 350 hectares. More than six months will be needed for its distribution. The PCMC has already developed the area under its authority but with the merger, it will get hold of undeveloped areas as well. Gawli further added that the PMRDA will get the fixed deposits and other investments, liabilities, and PCNTDA’s office. Almost 50 permanent staff of the PCNTDA will be transferred to PMRDA. The PCMC will remain the special planning authority of all PCNTDA areas, which effectively means the building construction permissions and powers for approving the transfer of development rights and floor space index will be with the PCMC. Image Source Also read: Noida airport: UP cabinet approves proposal to acquire 1,365 hectare land

Next Story
Real Estate

Heena Lalwani Buys Rs 1.13 Billion Juhu Apartment

Heena Lalwani, promoter of Aatman Innovations Private Limited, has purchased a luxury apartment worth Rs 1.13 billion in Mumbai’s upscale Juhu locality, according to property registration documents accessed by Zapkey.com.The 9,862 sq ft apartment, located on the 10th floor of Lodha Developers’ Avalon Tower, was acquired at Rs 115,000 per sq ft and comes with five car parking spaces. The deal, registered on 18 August 2025, also included the payment of Rs 68 million in stamp duty and a Rs 30,000 registration fee.Lodha Developers did not respond to queries regarding the transaction, while the..

Next Story
Real Estate

Godrej Buys KPHB Land for Rs 7 Billion in E-Auction

An acre of prime land in Kukatpally Housing Board (KPHB), Hyderabad, was auctioned for Rs 7 billion, with the Telangana Housing Board generating Rs 5.47 billion from the sale of 7.8 acres through e-auction on 20 August 2025.The auction notification was issued last month, attracting bids from Godrej Properties, Aurobindo Realty, Prestige Estates, and Ashoka Builders, according to Board vice-chairman V.P. Gautham. With an offset price of Rs 4 billion per acre, the three-hour auction saw 46 bid increases, before Godrej Properties acquired the land.Revenue generated from the auction will be utilis..

Next Story
Real Estate

HMDA to Auction 93 Prime Plots in September

The Hyderabad Metropolitan Development Authority (HMDA) is preparing to conduct a three-day auction of prime open plots across Hyderabad, Rangareddy, and Medchal-Malkajgiri districts this September.According to official reports, the e-auction will take place on 17, 18, and 19 September, offering 93 plots. Of these, 70 are located in the Bachupally HMDA layout, with the remainder spread across Turkayamjal, Kokapet, Poppalguda, Chandanagar, Bairagiguda, Gandi Maisamma, Suraram, Medipally, and Bachupally village.The highest upset price has been fixed at Rs 175,000 per square yard for a land parce..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?